Korea's Gansam Partners on Friday cut deals with Incomex Saigon Group and Khang Thong Co as part of the Korean group's strategy to cash in on the opportunities of making master plans for and designing property projects in southern Vietnam.

, investment banking and real estate consulting firm with extensive experience in the Vietnamese market, recently began construction of Times Square Hanoi at a cost of US$50 million in My Dinh, Hanoi's Tu Liem Dist, opposite to the National Conference Centre.

The average hotel room rate in Vietnam remains 10% to 15% higher than the rates in some regional countries despite efforts to reduce prices to lure travellers recently, the national tourism authority says in a report.

Accor has opened the first MGallery hotel in Asia. The VIE Hotel Bangkok is located close to Ratchathewi Skytrain station providing easy access to Bangkok's most popular shopping areas, museums, universities, and National Stadium.

Vietnamese prime minister issued an Official Letter No 8607/VPCP-QHQ allowing the joint venture of Keppel Land Watco I Co to continue to carry out construction on the highest twin tower including an 88-storey building and a 66-storey building in HCM City's Dist 1.

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